
USO United States Oil Fund LP Weekly Chart Analysis: 2025-Dec-08 07:15 CT
Price Action
- Last: 72.92,
- Bars: Large,
- Mom: Momentum fast.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- WSFG Trend: Neutral.
MSFG Month Dec
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- MSFG Trend: Neutral.
YSFG Year 2025
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- YSFG Trend: Neutral.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt low 69.16,
- 4. Pvt. Next: Pvt high 73.44,
- 5. Levels R: 92.20, 84.58, 83.36, 73.44,
- 6. Levels S: 66.07, 61.75, 59.78, 57.83, 57.45, 56.67.
Weekly Benchmarks
- (Intermediate-Term) 5 Week: 71.11 Down Trend,
- (Intermediate-Term) 10 Week: 71.48 Down Trend,
- (Long-Term) 20 Week: 72.81 Down Trend,
- (Long-Term) 55 Week: 71.92 Down Trend,
- (Long-Term) 100 Week: 73.96 Down Trend,
- (Long-Term) 200 Week: 72.00 Down Trend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Bearish.
Key Insights Summary
The USO weekly chart shows a market in transition, with recent price action marked by large, fast-moving bars indicating heightened volatility. The short-term swing pivot trend is down, and all benchmark moving averages across timeframes are in a downtrend, reinforcing a bearish long-term outlook. However, the intermediate-term HiLo trend remains up, suggesting some underlying support or a potential for mean reversion. Price is currently near a recent swing low (69.16) and just below the next swing high resistance (73.44), with significant resistance levels overhead and a cluster of support levels below. The neutral bias across the session fib grids (weekly, monthly, yearly) points to a market lacking clear directional conviction, likely consolidating after recent sharp moves. This environment is characterized by choppy, range-bound trading with the potential for further tests of both support and resistance. Swing traders should note the possibility of continued volatility and the importance of monitoring for breakout or reversal signals as the market navigates this consolidation phase.
Chart Analysis ATS AI Generated: 2025-12-08 07:15 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2025. Algo Trading Systems LLC.